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About the Role

We are seeking a highly motivated and detail-oriented Financial Accountant to support the Canadian Branches of Swiss Re, covering Life and Health Reinsurance, Property and Casualty Reinsurance, and Property and Casualty Direct Insurance. This role offers an opportunity to build hands-on experience in financial reporting under IFRS 17 and regulatory capital management frameworks within a global reinsurance organization. You will support key accounting and reporting processes while collaborating with cross-functional teams across Toronto and international locations. This is an ideal role for candidates to develop expertise in insurance/reinsurance accounting, capital reporting, and financial analysis while working towards a CPA designation.

Responsibilities

Support the preparation of technical (IFRS 17) and non-technical financial data for regulatory and internal reporting.
Run reports from key source systems, including SAP subledger and general ledger.
Reconcile and analyze reinsurance cashflow data between key source systems.
Perform quarterly analyses over non-technical investment results and general & administrative expenses.
Assist in the analysis of insurance results under IFRS 17, including understanding key movements in Balance sheet and P&L items, and gathering explanations for key variances.
Support the preparation of quarterly MD&A presentations and annual year-end financial statements.
Build cross-functional working relationships with Central Finance, Actuarial, Claims, Underwriting, and Operations teams to resolve accounting and data issues.
Support quarterly capital reporting and forecasting, including data validation and reconciliation.
Ensure data accuracy, completeness, and timeliness of reporting deliverables, including appropriate documentation to support internal controls and audit requirements.
Perform operational tasks including submission of financial information to various regulatory platforms, handling purchase orders and invoice processing, ad hoc cheque deposits, monthly bank reconciliations, and premium tax filings.
Identify opportunities to improve efficiency and apply automation in financial reporting processes.
Support implementation of enhancements related to systems, data quality, and controls.

Requirements

Bachelor's degree in accounting, finance, or related field
Actively pursuing CPA designation

Skills

Advanced Excel skills (PivotTables, lookups, data analysis)
Experience with financial systems (e.g., SAP, FPSL, Business Objects) is an asset
Exposure to automation tools or process improvement initiatives is an asset
Strong analytical and problem-solving skills
High attention to detail and data integrity
Ability to manage competing deadlines in a structured reporting environment
Strong communication skills and ability to work in cross-functional teams

Location

Toronto

Work Type

Full-time

Education Level

Bachelor's degree

Salary/Compensations

CAD $60,000-75,000

About the Company

Swiss Re is one of the world’s leading providers of reinsurance, insurance and other forms of insurance-based risk transfer, working to make the world more resilient.
We anticipate and manage a wide variety of risks, from natural catastrophes and climate change to cybercrime.
Combining experience with creative thinking and cutting-edge expertise, we create new opportunities and solutions for our clients.
This is possible thanks to the collaboration of more than 15,000 employees across the world.
Our success depends on our ability to build an inclusive culture encouraging fresh perspectives and innovative thinking.
We embrace a workplace where everyone has equal opportunities to thrive and develop professionally regardless of their age, gender, race, ethnicity, gender identity and/or expression, sexual orientation, physical or mental ability, skillset, thought or other characteristics.
In our inclusive and flexible environment everyone can bring their authentic selves to work and their passion for sustainability.
If you are an experienced professional returning to the workforce after a career break, we encourage you to apply for open positions that match your skills and experience.

Equal Opportunity

Swiss Re is an equal opportunity employer.
It is our practice to recruit, hire and promote without regard to race, religion, color, national origin, sex, disability, age, pregnancy, sexual orientations, marital status, military status, or any other characteristic protected by law.
Decisions on employment are solely based on an individual's qualifications for the position being filled.
During the recruitment process, reasonable accommodations for disabilities are available upon request.
If contacted for an interview, please inform the Recruiter/HR Professional of the accommodation needed.
We may use AI-powered tools to support the review and evaluation of applications for this position.
These tools provide additional insights to our recruitment teams, but all hiring decisions are carefully reviewed and made by people.